IDEAS home Printed from https://ideas.repec.org/a/zib/zbfabm/v5y2024i1p32-36.html
   My bibliography  Save this article

Profitability Of Rice Production Systems In South East Nigeria

Author

Listed:
  • Esheya Samuel Esheya

    (Department of Agricultural Economics and Extension, National Open University of Nigeria, Kaduna Campus, Nigeria)

Abstract

The profitability of the various rice producing systems in South East Nigeria was compared in this study.A series of structured questionnaire was distributed to 120 rice farmers who were chosen through a three stage random sample technique..Both descriptive and inferential statistics were used to analyze the data. While objective ii was studied using cost and return analysis, objective i was analyzed using percentage responses and a frequency distribution table. The majority of respondents, regardless of the production system, were elderly, educated, small-scale, and utilized capital, fertilizer, pesticides, herbicides, and seed in their rice farming. These findings were based on the socioeconomic characteristics of the respondents. Profitability varied among rice producers in lowland, highland, and swamp rice cultivation methods. The results of comparing the various production methods revealed that the swamp production system had the highest net return, at N715,677.9 per hectare, with a 30.6% return on investment. This means that for every N1 invested in rice cultivation within the system, N30.6 was returned. Farmers that used the upland and lowland production strategies saw net returns per hectare of N606, 916 and N642,377.9, respectively. Furthermore, the lowland and upland production systems yielded returns on investment of 27.7% and 26.7%, respectively. According to this, there was a N26.7 return for every N1 invested in upland rice farming and a N27.6 return for every N1 spent on lowland rice cultivation utilizing a production method. To improve the living conditions of rice farmers, the best possible resource combination must be found in order to maximize profits.

Suggested Citation

  • Esheya Samuel Esheya, 2024. "Profitability Of Rice Production Systems In South East Nigeria," Food & Agribusiness Management (FABM), Zibeline International Publishing, vol. 5(1), pages 32-36, April.
  • Handle: RePEc:zib:zbfabm:v:5:y:2024:i:1:p:32-36
    DOI: 10.26480/fabm.01.2024.32.36
    as

    Download full text from publisher

    File URL: https://fabm.org.my/archive/1fabm2024/1fabm2024-32-36.pdf
    Download Restriction: no

    File URL: https://libkey.io/10.26480/fabm.01.2024.32.36?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:zib:zbfabm:v:5:y:2024:i:1:p:32-36. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Zibeline International Publishing The email address of this maintainer does not seem to be valid anymore. Please ask Zibeline International Publishing to update the entry or send us the correct address (email available below). General contact details of provider: https://fabm.org.my/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.